The Insurance Industry in Bulgaria - Key Trends and Opportunities to 2022

The Insurance Industry in Bulgaria - Key Trends and Opportunities to 2022

  • December 2018 •
  • 173 pages •
  • Report ID: 5663996
The Insurance Industry in Bulgaria - Key Trends and Opportunities to 2022

Summary
GlobalData’s "The Insurance Industry in Bulgaria - Key Trends and Opportunities to 2022", report provides detailed analysis of the market trends, drivers and challenges in the Bulgarian insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Bulgarian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Inside this report, we look at the top themes, its predictions and identify winners and losers.

This report provides in-depth market analysis, information and insights into the Bulgarian insurance industry, including -
- The Bulgarian insurance industry’s growth prospects by segment and category
- A comprehensive overview of the Bulgarian economy and demographics
- Details of the competitive landscape in the Bulgarian insurance industry
- The various distribution channels in the Bulgarian insurance industry
- Details of regulatory policy applicable to the Bulgarian insurance industry
- Analysis of natural hazards in the Bulgarian insurance industry

Key Highlights
- In June 2018, the State Fund of Agriculture increased the funding for agricultural insurance.
- As of 2017, there were 38 insurance companies operating in Bulgaria, of which 26 were general insurers and 12 were life insurers.
- In September 2017, the European Commission (EC) adopted regulations related to the mis-selling of insurance products.
- In 2015, Uniqa launched a mobile application called myUNIQA for reporting claims online.

Scope
- This report provides a comprehensive analysis of the insurance industry in Bulgaria.
- It provides historical values for the Bulgarian insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.
- It offers a detailed analysis of the key segments in the Bulgarian insurance industry, with market forecasts to 2022.
- It covers an exhaustive list of parameters, including written premium and claims.
- It analyzes the various distribution channels in Bulgaria.
- It profiles the top insurance companies in Bulgaria, and outlines the key regulations affecting them.

Reasons to buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Bulgarian insurance industry and each segment and category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Bulgarian insurance industry.
- Assess the competitive dynamics in the Bulgarian insurance industry.
- Identify the growth opportunities and market dynamics in key segments.
- Gain insights into key regulations governing the Bulgarian insurance industry and their impact on companies and the industry’s future.
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